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来源类型Working Paper
规范类型报告
DOI10.3386/w6070
来源IDWorking Paper 6070
Intergenerational Earnings Mobility, Inequality, and Growth
Ann L. Owen; David N. Weil
发表日期1997-06-01
出版年1997
语种英语
摘要We examine a model in which per capita income, inequality, intergenerational mobility, and returns to education are all determined endogenously. Individuals earn wages depending on their ability, which is a random variable. They purchase an education with transfers received from their parents, and are subject to liquidity constraints. In the model, multiple steady state equilibria are possible: countries with identical tastes and technologies can reach differing rates of mobility, inequality, and per capita income. Equilibria with higher levels of output also have lower inequality, higher mobility, and more efficient distribution of education.
主题Development and Growth ; Growth and Productivity ; Labor Economics ; Unemployment and Immigration
URLhttps://www.nber.org/papers/w6070
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/563578
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GB/T 7714
Ann L. Owen,David N. Weil. Intergenerational Earnings Mobility, Inequality, and Growth. 1997.
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